메뉴 건너뛰기




Volumn 2, Issue , 2015, Pages 1303-1368

Wealth and inheritance in the long run

Author keywords

Distribution; Growth; Inheritance; Pareto coefficient; Rate of return; Wealth

Indexed keywords


EID: 84920546393     PISSN: 15740056     EISSN: None     Source Type: Book Series    
DOI: 10.1016/B978-0-444-59429-7.00016-9     Document Type: Chapter
Times cited : (203)

References (78)
  • 1
    • 14944357038 scopus 로고    scopus 로고
    • Is the U.S. aggregate production function Cobb-Douglas? New estimates of the elasticity of substitution
    • article 4
    • Antras P. Is the U.S. aggregate production function Cobb-Douglas? New estimates of the elasticity of substitution. B.E. J. Macroecon 2004, 4(1). article 4.
    • (2004) B.E. J. Macroecon , vol.4 , Issue.1
    • Antras, P.1
  • 5
    • 79953809061 scopus 로고    scopus 로고
    • Top incomes in the long run of history
    • Atkinson A.B., Piketty T., Saez E. Top incomes in the long run of history. J. Econ. Lit. 2011, 49(1):3-71.
    • (2011) J. Econ. Lit. , vol.49 , Issue.1 , pp. 3-71
    • Atkinson, A.B.1    Piketty, T.2    Saez, E.3
  • 6
    • 78651420637 scopus 로고    scopus 로고
    • The distribution of wealth and fiscal policy in economies with finitely lived agents
    • Benhabib J., Bisin A., Zhu S. The distribution of wealth and fiscal policy in economies with finitely lived agents. Econometrica 2011, 79(1):123-157.
    • (2011) Econometrica , vol.79 , Issue.1 , pp. 123-157
    • Benhabib, J.1    Bisin, A.2    Zhu, S.3
  • 8
    • 0009534851 scopus 로고
    • Comments on Modigliani and Kotlikoff-Summers
    • Oxford University Press, Oxford, D. Kessler, A. Masson (Eds.)
    • Blinder A. Comments on Modigliani and Kotlikoff-Summers. Modelling the Accumulation and Distribution of Wealth 1988, 68-76. Oxford University Press, Oxford. D. Kessler, A. Masson (Eds.).
    • (1988) Modelling the Accumulation and Distribution of Wealth , pp. 68-76
    • Blinder, A.1
  • 9
    • 84905106200 scopus 로고
    • Paris, Reprinted in E. Daire, Economistes financiers du 18e siècle, Paris: Guillaumin, 1843
    • Boisguillebert P. Le détail de la France 1695, Paris, 215 pp. Reprinted in E. Daire, Economistes financiers du 18e siècle, Paris: Guillaumin, 1843.
    • (1695) Le détail de la France , pp. 215
    • Boisguillebert, P.1
  • 11
    • 0001043255 scopus 로고
    • A model of income distribution
    • Champernowne D.G. A model of income distribution. Econ. J. 1953, 63(250):318-351.
    • (1953) Econ. J. , vol.63 , Issue.250 , pp. 318-351
    • Champernowne, D.G.1
  • 12
    • 44649090832 scopus 로고    scopus 로고
    • σ: the long and short of it
    • Chirinko R. σ: the long and short of it. J. Macroecon. 2008, 30:671-686.
    • (2008) J. Macroecon. , vol.30 , pp. 671-686
    • Chirinko, R.1
  • 13
    • 84920539694 scopus 로고
    • Power and Resources of the British Empire, London
    • Colquhoun P. A Treatise on the Wealth 1815, 561. Power and Resources of the British Empire, London.
    • (1815) A Treatise on the Wealth , pp. 561
    • Colquhoun, P.1
  • 14
    • 0040073514 scopus 로고
    • Gauthier-Villars, Paris, 1918, 1927 (several editions)
    • Colson C. Cours d'économie politique 1903, Gauthier-Villars, Paris, 1918, 1927 (several editions).
    • (1903) Cours d'économie politique
    • Colson, C.1
  • 16
    • 0005505078 scopus 로고    scopus 로고
    • The distribution of wealth
    • (Chapter 11), A.B. Atkinson, F. Bourguignon (Eds.)
    • Davies J.B., Shorrocks A.F. The distribution of wealth. Handbook of Income Distribution 1999, vol. 1:605-675. (Chapter 11). A.B. Atkinson, F. Bourguignon (Eds.).
    • (1999) Handbook of Income Distribution , vol.1 , pp. 605-675
    • Davies, J.B.1    Shorrocks, A.F.2
  • 17
    • 79951523638 scopus 로고    scopus 로고
    • The level and distribution of global household wealth
    • Davies J.B., Sandström S., Shorrocks A., Wolff E.N. The level and distribution of global household wealth. Econ. J. 2010, 121:223-254.
    • (2010) Econ. J. , vol.121 , pp. 223-254
    • Davies, J.B.1    Sandström, S.2    Shorrocks, A.3    Wolff, E.N.4
  • 19
    • 77957291782 scopus 로고    scopus 로고
    • Top incomes in Germany and Switzerland over the twentieth century
    • Dell F. Top incomes in Germany and Switzerland over the twentieth century. J. Eur. Econ. Assoc. 2005, 3:412-421.
    • (2005) J. Eur. Econ. Assoc. , vol.3 , pp. 412-421
    • Dell, F.1
  • 20
    • 80052711984 scopus 로고
    • The wealth of France and of other countries
    • de Foville A. The wealth of France and of other countries. J. R. Stat. Soc. 1893, 56(4):597-626.
    • (1893) J. R. Stat. Soc. , vol.56 , Issue.4 , pp. 597-626
    • de Foville, A.1
  • 21
    • 80052747646 scopus 로고    scopus 로고
    • Bequests: an historical perspective
    • Brookings Institution, Washington, DC, A. Munnel (Ed.)
    • DeLong J.B. Bequests: an historical perspective. The Role and Impact of Gifts and Estates 2003, Brookings Institution, Washington, DC. A. Munnel (Ed.).
    • (2003) The Role and Impact of Gifts and Estates
    • DeLong, J.B.1
  • 22
    • 59849093028 scopus 로고    scopus 로고
    • Women, wealth and mobility
    • Edlund L., Kopczuk W. Women, wealth and mobility. Am. Econ. Rev. 2009, 99(1):146-178.
    • (2009) Am. Econ. Rev. , vol.99 , Issue.1 , pp. 146-178
    • Edlund, L.1    Kopczuk, W.2
  • 23
    • 0347927945 scopus 로고
    • Economists in public service
    • Fisher I. Economists in public service. Am. Econ. Rev. 1920, 9:5-21.
    • (1920) Am. Econ. Rev. , vol.9 , pp. 5-21
    • Fisher, I.1
  • 28
    • 84983945921 scopus 로고
    • An estimation of U.S. family wealth and its distribution from microdata, 1973
    • Greenwood D. An estimation of U.S. family wealth and its distribution from microdata, 1973. Rev. Income Wealth 1983, 29:23-43.
    • (1983) Rev. Income Wealth , vol.29 , pp. 23-43
    • Greenwood, D.1
  • 30
    • 0001210726 scopus 로고
    • Stochastic monotonicity and stationary distributions for dynamic economies
    • Hopehnayn H., Prescott E. Stochastic monotonicity and stationary distributions for dynamic economies. Econometrica 1992, 60(6):1387-1406.
    • (1992) Econometrica , vol.60 , Issue.6 , pp. 1387-1406
    • Hopehnayn, H.1    Prescott, E.2
  • 31
    • 85017147644 scopus 로고    scopus 로고
    • The new Kaldor facts: ideas, institutions, population, and human capital
    • Jones C.I., Romer P.M. The new Kaldor facts: ideas, institutions, population, and human capital. Am. Econ. J. 2010, 2(1):224-245.
    • (2010) Am. Econ. J. , vol.2 , Issue.1 , pp. 224-245
    • Jones, C.I.1    Romer, P.M.2
  • 32
    • 0002176355 scopus 로고
    • Capital accumulation and economic growth
    • Saint Martins Press, New York, F.A. Lutz, D.C. Hague (Eds.)
    • Kaldor N. Capital accumulation and economic growth. The Theory of Capital 1961, Saint Martins Press, New York. F.A. Lutz, D.C. Hague (Eds.).
    • (1961) The Theory of Capital
    • Kaldor, N.1
  • 33
    • 84892531424 scopus 로고    scopus 로고
    • The global decline of the labor share
    • Karabarbounis L., Neiman B. The global decline of the labor share. Q. J. Econ. 2014, 129(1):61-103.
    • (2014) Q. J. Econ. , vol.129 , Issue.1 , pp. 61-103
    • Karabarbounis, L.1    Neiman, B.2
  • 36
    • 3142733541 scopus 로고
    • Wealth distribution in the Continental United States at the close of 1921
    • King W.I. Wealth distribution in the Continental United States at the close of 1921. J. Am. Stat. Assoc. 1927, 22:135-153.
    • (1927) J. Am. Stat. Assoc. , vol.22 , pp. 135-153
    • King, W.I.1
  • 37
    • 84879072005 scopus 로고    scopus 로고
    • Family, education, and sources of wealth among the richest Americans, 1982-2012
    • Kaplan S.N., Rauh J. Family, education, and sources of wealth among the richest Americans, 1982-2012. Am. Econ. Rev. 2013, 103(3):158-166.
    • (2013) Am. Econ. Rev. , vol.103 , Issue.3 , pp. 158-166
    • Kaplan, S.N.1    Rauh, J.2
  • 39
    • 3142741680 scopus 로고    scopus 로고
    • Top wealth shares in the United States, 1916-2000: evidence from estate tax returns
    • Kopczuk W., Saez E. Top wealth shares in the United States, 1916-2000: evidence from estate tax returns. Natl. Tax J. 2004, 57(2):445-487.
    • (2004) Natl. Tax J. , vol.57 , Issue.2 , pp. 445-487
    • Kopczuk, W.1    Saez, E.2
  • 40
    • 0002719225 scopus 로고
    • Intergenerational transfers and savings
    • Kotlikoff L. Intergenerational transfers and savings. J. Econ. Perspect. 1988, 2(2):41-58.
    • (1988) J. Econ. Perspect. , vol.2 , Issue.2 , pp. 41-58
    • Kotlikoff, L.1
  • 41
    • 0000100854 scopus 로고
    • The role of intergenerational transfers in aggregate capital accumulation
    • Kotlikoff L., Summers L. The role of intergenerational transfers in aggregate capital accumulation. J. Polit. Econ. 1981, 89:706-732.
    • (1981) J. Polit. Econ. , vol.89 , pp. 706-732
    • Kotlikoff, L.1    Summers, L.2
  • 44
    • 0007028173 scopus 로고
    • Bequest behaviour and the national distribution of wealth
    • Laitner J. Bequest behaviour and the national distribution of wealth. Rev. Econ. Stud. 1979, 46(3):467-483.
    • (1979) Rev. Econ. Stud. , vol.46 , Issue.3 , pp. 467-483
    • Laitner, J.1
  • 45
    • 0034800080 scopus 로고    scopus 로고
    • Secular changes in wealth inequality and inheritance
    • Laitner J. Secular changes in wealth inequality and inheritance. Econ. J. 2001, 111(474):691-721.
    • (2001) Econ. J. , vol.111 , Issue.474 , pp. 691-721
    • Laitner, J.1
  • 46
    • 84935180597 scopus 로고
    • Unequal English wealth since 1688
    • Lindert P. Unequal English wealth since 1688. J. Polit. Econ. 1986, 94(6):1127-1162.
    • (1986) J. Polit. Econ. , vol.94 , Issue.6 , pp. 1127-1162
    • Lindert, P.1
  • 47
    • 70350095599 scopus 로고    scopus 로고
    • Three centuries of inequality in Britain and America
    • Elsevier/North Holland, Amsterdam
    • Lindert P. Three centuries of inequality in Britain and America. Handbook of Income Distribution 2000, vol. 1:167-216. Elsevier/North Holland, Amsterdam.
    • (2000) Handbook of Income Distribution , vol.1 , pp. 167-216
    • Lindert, P.1
  • 49
    • 3142782091 scopus 로고
    • A method of estimating capital wealth from the estate duty statistics
    • Mallet B. A method of estimating capital wealth from the estate duty statistics. J. R. Stat. Soc. 1908, 71(1):65-101.
    • (1908) J. R. Stat. Soc. , vol.71 , Issue.1 , pp. 65-101
    • Mallet, B.1
  • 50
    • 80052691889 scopus 로고
    • The multiplier and capital wealth
    • Mallet B., Strutt H.C. The multiplier and capital wealth. J. R. Stat. Soc. 1915, 78(4):555-599.
    • (1915) J. R. Stat. Soc. , vol.78 , Issue.4 , pp. 555-599
    • Mallet, B.1    Strutt, H.C.2
  • 52
    • 0000200206 scopus 로고
    • Primogeniture, equal sharing, and the U.S. distribution of wealth
    • Menchik P.L. Primogeniture, equal sharing, and the U.S. distribution of wealth. Q. J. Econ. 1980, 94(2):299-316.
    • (1980) Q. J. Econ. , vol.94 , Issue.2 , pp. 299-316
    • Menchik, P.L.1
  • 53
    • 0022919999 scopus 로고
    • Life cycle, individual thrift and the wealth of nations
    • Modigliani F. Life cycle, individual thrift and the wealth of nations. Am. Econ. Rev. 1986, 76(3):297-313.
    • (1986) Am. Econ. Rev. , vol.76 , Issue.3 , pp. 297-313
    • Modigliani, F.1
  • 54
    • 0001860237 scopus 로고
    • The role of intergenerational transfers and lifecycle savings in the accumulation of wealth
    • Modigliani F. The role of intergenerational transfers and lifecycle savings in the accumulation of wealth. J. Econ. Perspect. 1988, 2(2):15-40.
    • (1988) J. Econ. Perspect. , vol.2 , Issue.2 , pp. 15-40
    • Modigliani, F.1
  • 55
    • 55549137068 scopus 로고    scopus 로고
    • The evolution of income concentration in Japan, 1886-2005: evidence from income tax statistics
    • Morigushi C., Saez E. The evolution of income concentration in Japan, 1886-2005: evidence from income tax statistics. Rev. Econ. Stat. 2008, 90(4):713-734.
    • (2008) Rev. Econ. Stat. , vol.90 , Issue.4 , pp. 713-734
    • Morigushi, C.1    Saez, E.2
  • 58
    • 84920539691 scopus 로고
    • Published as an addendum to Petty, W., 1691. The Political Anatomy of Ireland. London, 266 pp. Reprinted in The Economic Writings of Sir William Petty, Hull, C.H. (Ed.), 2 vols., Cambridge University Press, 1989
    • Petty W. Verbum Sapienti 1664, 26. Published as an addendum to Petty, W., 1691. The Political Anatomy of Ireland. London, 266 pp. Reprinted in The Economic Writings of Sir William Petty, Hull, C.H. (Ed.), 2 vols., Cambridge University Press, 1989.
    • (1664) Verbum Sapienti , pp. 26
    • Petty, W.1
  • 59
    • 80052751053 scopus 로고    scopus 로고
    • On the long-run evolution of inheritance: France 1820-2050
    • Piketty T. On the long-run evolution of inheritance: France 1820-2050. Q. J. Econ. 2011, 126(3):1071-1131.
    • (2011) Q. J. Econ. , vol.126 , Issue.3 , pp. 1071-1131
    • Piketty, T.1
  • 61
    • 84893358258 scopus 로고    scopus 로고
    • A theory of optimal inheritance taxation
    • Piketty T., Saez E. A theory of optimal inheritance taxation. Econometrica 2013, 81(5):1851-1886.
    • (2013) Econometrica , vol.81 , Issue.5 , pp. 1851-1886
    • Piketty, T.1    Saez, E.2
  • 62
    • 84908277935 scopus 로고    scopus 로고
    • Capital is back: wealth-income ratios in rich countries 1700-2010
    • Piketty T., Zucman G. Capital is back: wealth-income ratios in rich countries 1700-2010. Q. J. Econ. 2014, 129(3):1255-1310.
    • (2014) Q. J. Econ. , vol.129 , Issue.3 , pp. 1255-1310
    • Piketty, T.1    Zucman, G.2
  • 63
    • 33645731986 scopus 로고    scopus 로고
    • Wealth concentration in a developing economy: Paris and France, 1807-1994
    • Piketty T., Postel-Vinay G., Rosentha J.-L. Wealth concentration in a developing economy: Paris and France, 1807-1994. Am. Econ. Rev. 2006, 96(1):236-256.
    • (2006) Am. Econ. Rev. , vol.96 , Issue.1 , pp. 236-256
    • Piketty, T.1    Postel-Vinay, G.2    Rosentha, J.-L.3
  • 64
    • 84891664277 scopus 로고    scopus 로고
    • Inherited versus self-made wealth: theory and evidence from a rentier society (1872-1927)
    • Piketty T., Postel-Vinay G., Rosenthal J.-L. Inherited versus self-made wealth: theory and evidence from a rentier society (1872-1927). Explor. Econ. Hist. 2013, 51:21-40.
    • (2013) Explor. Econ. Hist. , vol.51 , pp. 21-40
    • Piketty, T.1    Postel-Vinay, G.2    Rosenthal, J.-L.3
  • 65
    • 59849102692 scopus 로고    scopus 로고
    • Wealth concentration over the path of development: Sweden, 1873-2006
    • Roine J., Waldenstrom D. Wealth concentration over the path of development: Sweden, 1873-2006. Scand. J. Econ. 2009, 111:151-187.
    • (2009) Scand. J. Econ. , vol.111 , pp. 151-187
    • Roine, J.1    Waldenstrom, D.2
  • 69
    • 33645873136 scopus 로고
    • The wealth and income of the chief powers
    • Stamp J.C. The wealth and income of the chief powers. J. R. Stat. Soc. 1919, 82(4):441-507.
    • (1919) J. R. Stat. Soc. , vol.82 , Issue.4 , pp. 441-507
    • Stamp, J.C.1
  • 70
    • 3142666116 scopus 로고
    • Income capitalization as a method of estimating the distribution of wealth by size group
    • National Bureau of Economic Research, New York
    • Stewart C. Income capitalization as a method of estimating the distribution of wealth by size group. Studies in Income and Wealth 1939, vol. 3. National Bureau of Economic Research, New York.
    • (1939) Studies in Income and Wealth , vol.3
    • Stewart, C.1
  • 71
    • 0000229981 scopus 로고
    • Distribution of income and wealth among individuals
    • Stiglitz J.E. Distribution of income and wealth among individuals. Econometrica 1969, 37(3):382-397.
    • (1969) Econometrica , vol.37 , Issue.3 , pp. 382-397
    • Stiglitz, J.E.1
  • 72
    • 80052738957 scopus 로고
    • Notes on the distribution of estates in France and the United Kingdom
    • Strutt H.C. Notes on the distribution of estates in France and the United Kingdom. J. R. Stat. Soc. 1910, 73(6):634-644.
    • (1910) J. R. Stat. Soc. , vol.73 , Issue.6 , pp. 634-644
    • Strutt, H.C.1
  • 73
    • 43749083604 scopus 로고
    • Librairie Félix Alcan, Paris, Reprinted in E. Daire, Economistes financiers du 18e siècle, Paris: Guillaumin, 1843
    • Vauban S. Projet d'une dixme royale 1707, 267. Librairie Félix Alcan, Paris, Reprinted in E. Daire, Economistes financiers du 18e siècle, Paris: Guillaumin, 1843.
    • (1707) Projet d'une dixme royale , pp. 267
    • Vauban, S.1
  • 74
    • 0006798332 scopus 로고
    • Class behaviour and the distribution of wealth
    • Vaughan R.N. Class behaviour and the distribution of wealth. Rev. Econ. Stud. 1979, 46(3):447-465.
    • (1979) Rev. Econ. Stud. , vol.46 , Issue.3 , pp. 447-465
    • Vaughan, R.N.1
  • 76
    • 84912027761 scopus 로고    scopus 로고
    • Inheritances and the distribution of wealth or whatever happened to the great inheritance boom?
    • available online at
    • Wolff E., Gittleman M. Inheritances and the distribution of wealth or whatever happened to the great inheritance boom?. J. Econ. Inequal. 2013, 1-30. available online at. 10.1007/s10888-013-9261-8.
    • (2013) J. Econ. Inequal. , pp. 1-30
    • Wolff, E.1    Gittleman, M.2
  • 77
    • 84880289020 scopus 로고    scopus 로고
    • The missing wealth of nations: are Europe and the U.S. net debtors or net creditors?
    • Zucman G. The missing wealth of nations: are Europe and the U.S. net debtors or net creditors?. Q. J. Econ. 2013, 128(3):1321-1364.
    • (2013) Q. J. Econ. , vol.128 , Issue.3 , pp. 1321-1364
    • Zucman, G.1
  • 78
    • 84986887493 scopus 로고    scopus 로고
    • Taxing Across Borders: Tracking Personal Wealth and Corporate Profits
    • forthcoming
    • Zucman G. Taxing Across Borders: Tracking Personal Wealth and Corporate Profits. J. Econ. Perspect 2014, forthcoming.
    • (2014) J. Econ. Perspect
    • Zucman, G.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.